Change - Announcement of Cessation::Announcement of Cessation of Non-Executive Independent Director, Mr Low Peng Kit

Issuer & Securities

Issuer/ Manager
LHT HOLDINGS LIMITED
Securities
LHT HOLDINGS LIMITED - SG1BG5000006 - BEI
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Cessation
Date &Time of Broadcast
29-Apr-2024 20:05:29
Status
New
Announcement Sub Title
Announcement of Cessation of Non-Executive Independent Director, Mr Low Peng Kit
Announcement Reference
SG240429OTHRZPGI
Submitted By (Co./ Ind. Name)
Yap Mui Kee
Designation
Managing Director
Description (Please provide a detailed description of the event in the box below)
Announcement of Cessation of Non-Executive Independent Director, Mr Low Peng Kit.

Additional Details

Name Of Person
Low Peng Kit
Age
75
Is effective date of cessation known?
Yes
If yes, please provide the date
29/04/2024
Detailed Reason (s) for cessation
After having served on the Board for more than twenty-four (24) years, Mr Low Peng Kit stepped down from office at the conclusion of the Company's Annual General Meeting held on 29 April 2024.

Mr Low will, upon his cessation, relinquish his roles as the Chairman of the Nominating Committee, Audit Committee and Risk Committee and Remuneration Committee.

The Board and Management sincerely thank Mr Low for his invaluable contributions during his tenure with the Company
Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?
No
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?
No
Any other relevant information to be provided to shareholders of the listed issuer?
No
Date of Appointment to current position
01/07/1999
Does the AC have a minimum of 3 members (taking into account this cessation)?
No
Number of Independent Directors currently resident in Singapore (taking into account this cessation)
4
Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months
3
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Non-Executive Independent Director, Chairman of Nominating Committee, Member of Audit and Risk Committee and Remuneration Committee.
Role and responsibilities
Responsibilities of Non-Executive Independent Director, Chairman of Nominating Committee, Member of Audit and Risk Committee and Remuneration Committee.
Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries
Nil
Shareholding interest in the listed issuer and its subsidiaries?
Yes
Shareholding Details
3,750 shares in LHT Holdings Limited
Past (for the last 5 years)
(a) 2013- 2018 Director of SME
Winners Pte Ltd
Present
a) June 1983 to Present -
Managing Director of Little Red Dot Bakery Pte Ltd

(b) January 2011 to Present
Director of FMC Education Centre Pte Ltd

(c) January 2011 to Present
Executive Director of First Medical Centre Pte Ltd

(d) January 2012 to Present
Managing Director of One 69 Pte Ltd

(e) August 2018 to Present
Director of Shang Teng Construction Pte Ltd

(f) March 2020 to Present
Director of FMC Contract Services Pte Ltd

(g) March 2023 to Present
Director of DF Global Pte Ltd

(h) July 2023 to Present
Director of International Institute of Mediators (Singapore) Ltd